In the final week of November (week 47), global air cargo tonnages remained stable compared to the previous week, while rates continued to rise, reaching the highest levels of 2024. According to WorldACD Market Data, global average rates increased by 2% week-on-week (WoW) to US$2.79, driven by rising spot rates from North America (12%) and […]
WorldACD: tonnages hold firm while rates continue to build Read More »
Air cargo tonnages experienced a sharp decline in Week 33 (August 12. to 18.), dropping by 7% compared to the previous week. The decrease was particularly steep from Asia Pacific (9%) and Europe (11%) origins. A detailed analysis, based on over 450,000 weekly transactions covered by WorldACD’s data, reveals that nearly 70% of the decline
Air cargo rates are holding firm during what is traditionally a quieter period for the market, boosted by continuing strong demand and high spot rates from Asian and Middle Eastern origins, according to the latest weekly figures and analysis from WorldACD Market Data. Although total worldwide tonnages in the last full week (week 24, 10-16
Air cargo rates stay firm driven by Asia and Middle East Read More »
Air cargo tonnages and rates from key Middle East and Asian origin markets remain highly elevated, especially to Europe, as strong demand and disruptions to ocean freight services meet limited capacity on key lanes, pushing up rates dramatically on several major intercontinental routes. According to the latest weekly figures and analysis from WorldACD Market
Air cargo tonnages and rates from key Middle East and Asian markets remain elevated Read More »
Air cargo rates are rising from most of the main global regions, especially from Asia Pacific and from Middle East & South Asia (MESA), strengthened by the ongoing disruptions to container shipping and elevated demand for cross-border e-commerce shipments. According to the latest weekly figures and analysis from WorldACD Market Data, the average global rate
WorldACD: Air cargo rates are rising from most of the main global regions Read More »
Worldwide air cargo demand was up by 13% in the first two months of this year, compared with the equivalent period last year, with demand continuing to surge from the Middle East & South Asia (MESA) origins, and tonnages recovering from the normal Lunar New Year (LNY) seasonal dip, analysis by WorldACD Market Data reveals.
Air cargo demand up 13% in first two months of 2024 Read More »
China’s air import tonnages dropped sharply in the final few days leading up to the Lunar New Year (LNY) on February 10, along with intra-Asia Pacific traffic, contributing to a 12% fall in overall global tonnages, week on week, according to the latest figures from WorldACD Market Data. Analysis of week six (February 5-11th) indicates
China inbound tonnages slump as ‘Year of the Dragon’ starts Read More »
Global air cargo has yet to see any significant uplift from the recent disruptions to container shipping in the Red Sea, according to the latest figures from WorldACD Market Data, although there is likely to be some conversion of sea freight to air freight in the coming weeks if the disruptions continue. Preliminary figures for the
Global cargo tonnages for full year 2023 ended up -5% lower than 2022 Read More »
Global air cargo tonnages stabilised in October close to its levels this time last year, with preliminary full-month tonnage figures for October down just 1% compared to those in October 2022, having tracked last October’s demand patterns closely on a week-by-week basis throughout the month, according to the latest figures from WorldACD Market Data. That difference
October tonnages track close to last year’s levels Read More »
Global air cargo tonnages have held firm in the first full week of September, after dropping -3% at the end of August and in the first few days of September, while average rates continue to hover at around the same level they have since mid July – between US$2.26 and $2.29 per kilo, according to
Air cargo trends show stable start to September Read More »
